$10\mathrm{.}7$ A young, single client approaches a CFP$$ professional with $$5,000$ stating that he would like to develop a financial plan and invest in the market. This is his first experience investing and he like help choosing he appropriate account. What is the CFP$$ professional$$s most appropriate course of action?

Open a brokerage account with margin.

Open and fund a Roth IRA for the current year.

Determine whether the client has any consumer debt.

Determine whether the client has adequate life insurance.